FLORIDA RAISES ANNUAL, AGGREGATE NMTC CAPS

Monday, April 2, 2012 - 8:00am

Florida Gov. Rick Scott last week signed H.B. 7087 to increase the amount of credits available under the state’s New Markets Development Program (NMDP). The bill increases the amount of credits available under the program to $163.8 million, and sets a yearly cap of $33.6 million.